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State oil it began negotiations to execute multimillionaire projects The execution of new gas industries in the country is in march. Santa Cruz (ANF). - Oil fields Fiscal Bolivians began negotiations with interested in investing and to be partners of the state one, as much in exploration as in hydrocarbon production and the industrialization of the natural gas, besides to export LNG to the United States, in agreement with the report of the president of YPFB, Jorge Alvarado. The Americans Word Business TRADING and the Predator Technologies are arranged to invest between three and five billion dollars in the country. Whereas GTL Bolivia also is interested in using 1,000 million dollars in plants of synthetic diesel engine. Either it was not left outside the intention to produce biodiésel. The five projects were explained this Saturday to the main state executive of the oil one in Santa Cruz, in meetings that maintained with emissaries of each potential partner. “We have showed to Them that for us it is priority the area of production and exploration to increase our reserves, and the other aspect is the industrialization of the gas in our country”, projects in which YPFB must participate with 51 percents and the rest property of the investors. “What it calls us the attention is that they are American investors who want that we work in society with YPFB, absolutely in all the business, from the exploration, production, transport to the coast and sale of our gas in the market, together, like partners; thing that never had offered to us in the past, when they wanted that we sell our gas to them in well mouth and the rest of the business is of the companies; of that that project of the LNG consisted”, emphasized. INDUSTRIALIZATION AND LNG The envoys of the company Word Business TRADING expressed that they would be arranged to invest up to 5,000 million dollars, “that is a very great amount and that with these resources perfectly we could develop” all the hidrocarburífera chain, it indicated Alvarado. In his proposals they include the industrialization of the gas in Bolivia and to export the excess to the United States in natural gas form liquefied “LNG”, for which, also he would invest in gasoducto to arrive at a port in the Pacific or in Chile or Peru, to install a liquefaction plant and to construct a plant of regasificación in the country of the North. OIL EXPLORATION Another American is the Predator Technologies that offers to concern five equipment of perforation to be associated to YPFB in three of the eleven blocks that the State assigned the state one. Alvarado meets for the second time with the delegates of this company. The blocks of interest of this company are located in the traditionally oil area of the country and are: the 4 denominated Cedar with 124,275 hectares of extension, the 6 named Iñau with 100,000 hectares and Aguaragüe with 114,375 hectares. Both last they were given back in months last through Chaco and Petrobra's, respectively. In order to start up the society, mañanate, YPFB will subscribe a letter of intent with executives of Predator Technologies, and soon to establish the conditions. “We thought that we could sign in three weeks the society so that it begins to work in the country”, Alvarado added. GTL BOLIVIA In a matter of days, YPFB also will constitute a mixed company with GTL Bolivia, of Carlos Kinn, for the installation of three plants, one of 2,500 daily barrels in Cochabamba and Santa Cruz, and another one in Tarija of 10,000 barrels. The investment in the projects adds 1,000 million dollars. “I want to clarify that these negotiations are under the conditions of which minimum stops YPFB must have left the 51 percent, the rest for contraparte”, indicated its President. SEPARATION OF LIQUIDS Another company interested in separating the liquids of the natural gas that Bolivia exports to Brazil is Petroleum Sinergy, whose representatives presented/displayed the study of final design for the construction of a plant in River Grande or Villa Mounts. The objective of the Government is to extract the propano and butane to produce GLP and to guarantee the supplying of the internal market and until exporting excessive giving value added to the natural gas. ALSO BIODIÉSEL And, finally, YPFB received the proposal of the national company Bio vegetal Fuel for the production of biodiésel from soya, sunflower and other products. On the matter, Alvarado indicated that the construction of a plant for the production of 6,000 daily barrels will be authorized, similar to the volume that is concerned from Argentina to cover the internal deficit. It considered that with this project the agricultural border would be increased and the subvention of the diesel engine would be eliminated that the last year reached to 100 million dollars.
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